Verizon to acquire Yahoo’s internet business for $4.83 billion

Verizon Communications and Yahoo today announced they have entered into a definitive agreement under which Verizon will acquire Yahoo’s operating business for approximately $4.83 billion in cash. This excludes Yahoo’s cash, its shares in Alibaba Group Holdings and Yahoo Japan, Yahoo’s convertible notes, certain minority investments, and Yahoo’s non-core patents. Yahoo will be integrated with … Continue reading "Verizon to acquire Yahoo’s internet business for $4.83 billion"

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